VMS VENTURES INC. EXPLORATION UPDATE AT REED LAKE PROPERTY, MANITOBA   Vancouver, B.C. September 17, 2007. VMS Ventures Inc. (TSX.V: VMS) (the "Company") is pleased to report what appears to be a significant discovery of volcanogenic massive sulphide (VMS) mineralization approximately 15 km west of the former Spruce Point Mine and 1,200 metres south of HudBay Minerals 'Highway Zone'. The property is located 52 kilometres southwest of the mining community of Snow Lake, Manitoba.   Hole 1, drilled from southeast to northwest, intersected veinlets and disseminations of pyrrhotite, chalcopyrite and pyrite over a core interval of 37.5 metres between 132.0 and 169.50 metres in strongly chlorite altered rock. Assay results from this alteration zone material contained a number of analyses with more than 0.2% Cu locally throughout the zone of alteration in 0.5 - 0.75 metre intervals. Also 2 samples were over the limit of 1% Cu, returning 2.67% Cu over 1.0 metre and 2.11 % Cu over 0.5 metres respectively. Hole 2, also drilled from southeast to northwest, intersected altered rocks similar to those found in hole 1 in the upper part of the hole and then 34 metres of near solid sulphide between 206.25 and 240.25 metres as well as a second zone of near solid sulphide of 1.25 metres from 248.0 to 249.25 metres. CLICK HERE TO READ MORE. For images from Reed Lake drill program CLICK HERE For further information, Phone (604) 986-2020 or Toll Free 866 816 0118  or visit our website www.vmsventures.com The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

 

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